Retail Investment Property-Beatrice NE
|Catylist Listing ID:
Service Station/Gas Station
|Building Size (RSF):
|Gross Building Area:
|Property Use Type:
||Net Leased Investment (NNN), Investment
||Cash to Seller
Overview / Comments
The subject site offers an investor the opportunity to acquire a leased asset with a proven operator. Valvoline Instant Oil Change has been onsite since 1998. This offering is a NNN lease with few Landlord responsibilities, tenant pays expenses direct. The site is situated on a high traffic, retail corridor with excellent visibility and 13,530 vehicles per day.
Attachments & Media
|Tenant Business Name
||Valvoline Instant Oil Change
||Valvoline and Valvoline Instant Oil Change (VOIC) are headquartered together in
Lexington, Kentucky. Valvoline (NYSE: VVV) is one of America’s oldest companies
continuously in business since 1866. Valvoline™ has spent more than 150 years
under the hood perfecting lubricants to improve vehicle performance. As a division
of Valvoline, VOIC is a part of that rich heritage. VIOC opened its doors in 1986,
bringing the quality of the Valvoline brand to the do-it-for-me quick lube customer.
Today there are 900+ VIOC locations coast to coast, and serve 9 million customers
a year. The Valvoline Instant Oil Change model is proven just like the Valvoline
NEVIOC LLC is a franchisee of Valvoline Instant Oil Change. The Southeast Nebraksa
franchise is wholly owned by Chris Stokes, a successful businessman
based in Lincoln, NE. NEVIOC owns three VOIC locations in Southeast Nebraska,
and is currently working on a fourth location. The company is profitable and in a
growth mode, and is selling the property to raise funds for its next location.
One of the major things that makes Valvoline Instant Oil Change such a successful
franchisor is the heritage of the Valvoline™ brand. Valvoline has been around longer
than any other automotive oil brand in the U.S. They know engines and they
know lubricants – more so than any other company in the world. Their products
are proven on racetracks around the world and continue to do so today – that’s
their business heritage.
|Total Number of Buildings:
|Total Parking Spaces:
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